Business
Temasek unit, Nexus ink deal to acquire stakes in Post Advisory
Post Advisory Group has reached a deal with Nexus Capital Management and a Temasek Holdings subsidiary that will reshape the ownership…
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UOL to acquire student accommodation property in UK for £43.5 million
Property developer UOL is acquiring a complex of student residential halls from the University of Brighton in the United Kingdom for £43.5…
Business
Temasek-backed entity to acquire 16% stake in Ayala’s healthcare arm
Health, the healthcare arm of the Philippines’ oldest conglomerate Ayala, said on Monday (Aug 11) that a private equity firm backed by…
Business
Tai Sin Electric to acquire 25% stake in charging station contractor
Its subsidiary Lim Kim Hai Electric has subscribed for 333,333 new ordinary shares of EV Mobility for S$1.5 million Power distribution…
Business
China’s JD.com to acquire German electronics retailer Ceconomy for 2.2 billion euros
[DUESSELDORF, Germany] JD.com is set to acquire German electronics retailer Ceconomy in a 2.2-billion-euro (S$3.3-billion) deal at 4.60…
Business
STMicro to acquire part of NXP Semiconductors’ sensor business for US$950 million
Purchase price consists of US$900 million to be paid upfront, and US$50 million to be paid subject to the achievement of technical…
Business
Wilmar to acquire up to 20% of Mumbai-listed joint venture with Adani
Agri-specialist Wilmar International has agreed to acquire up to 20 per cent of the shares held by India’s Adani Commodities in the two…
Business
Nanofilm to acquire remaining 35% stake in Sydrogen from Temasek for S$15 million
Nanofilm Technologies is acquiring the remaining stake of its majority-owned Sydrogen, a hydrogen technology solution provider, from…
Business
Torrent to acquire KKR’s stake in JB Pharma for US$1.4 billion
Torrent Pharmaceuticals agreed to take a controlling stake in JB Chemicals & Pharmaceuticals from private equity firm KKR, the latest sign…
Business
China’s Zijin Mining to acquire Kazakh gold mine in US$1.2 billion deal
A’S biggest gold and copper producer Zijin Mining said on Monday it had agreed to buy one of the largest gold mines of Kazakhstan, the…
Business
Givaudan to Acquire Brazilian Fragrance Supplier Vollmens
PARIS – Givaudan is acquiring a majority stake in Vollmens Fragrance Ltdas, a supplier based in Brazil. Financial terms of the deal were…
Business
Civmec to acquire ship manufacturer Luerssen Australia for A$20 million
The aim of the deal is to solidify Australia’s sovereign shipbuilding capability Australian construction engineering company Civmec will…
Business
Civmec set to acquire ship manufacturer Luerssen Australia for A$20 million
Construction and engineering services provider Civmec will purchase Luerssen Australia from Naval Vessels Lurssen (NVL) Australia for A$20…
Business
American Entrepreneur to Acquire La Perla
MILAN – La Perla has found its white knight. In a note issued on Tuesday, Italian unions Filctem Cgil and Uiltec Uil revealed that…
Business
Elite UK Reit to acquire three UK government-leased assets for £9.2 million
The manager of Elite UK Real Estate Investment Trust (Reit) announced on Tuesday (Jun 10) that the Reit has entered into a conditional…
Business
E.l.f. Beauty to acquire Rhode, Hailey Bieber’s skincare brand, in $1 billion deal
E.l.f. Beauty (NYSE: ELF) announced on Wednesday that it has signed a definitive agreement to acquire Rhode, the beauty brand founded by…
Business
Salesforce to acquire Informatica for $8 billion in latest AI push
Software company Salesforce said Tuesday it’s buying Informatica, which provides businesses with artificial-intelligence-powered data…
Business
Salesforce is back in talks to acquire Informatica
Salesforce is in talks to acquire software company Informatica, rebooting a pursuit that fell through last year, sources familiar with the…
Business
Grab looks to strike a deal to acquire Indonesia’s GoTo in Q2: sources
[SINGAPORE,HONG KONG] US-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival…
Business
Japan’s E-commerce Group Zozo to Acquire Lyst for $154 Million
LONDON – Lyst, the London-based shopping platform, said Wednesday it has entered into a definitive agreement to be acquired by Zozo, Inc.,…
Business
The Hour Glass to acquire newly incorporated SPV for A$90 million
This is in line with the group’s strategy to continue expanding its presence in the country Luxury watch retailer The Hour Glass announced…
Business
Germany's DHL to acquire US pharma logistics firm Cryopdp
This is part of the German company’s efforts to grow its operations in the pharma sector [DUSSELDORF, Germany] DHL said on Monday (Mar 31)…
Business
SoftBank Group to acquire Ampere Computing in US$6.5 billion AI-focused deal
The US chip startup makes data centre CPU chips based on a computing architecture from Arm Holdings that are used by firms such as Oracle…
Business
Far East Hospitality Trust to acquire Sheraton hotel in Japan for 6 billion yen
FAR East Hospitality Trust (FEHT) will make its first Japanese hotel acquisition after expanding its investment mandate to global markets…